Tag ArchivesGDP

Minister Malusi Gigaba

Growth projection may not be realised: Minister Gigaba

SA’s 2017 growth projection of 1.3% may not be realised, Finance Minister Malusi Gigaba said in a speech today. (more…)

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Prof Raymond Parsons

‘Policy uncertainty has become a tax in SA’s economic performance’

‘Two successive quarters of negative economic growth mean that SA experienced a ‘technical recession’ in the six months’ period October 2016 to March 2017 and is officially in recession,” says NWU School of Business and Governance Economist, Prof Raymond Parsons. (more…)

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Treasury

Treasury identifies ‘green shoots’ in economy

South Africa’s Gross Domestic Product (GDP) contracted 0.7 per cent in the first quarter of 2017. (more…)

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gdp

SA GDP numbers worse than expected

By Jason Muscat, Senior Economic Analyst at FNB. South Africa officially entered recession in 1Q17 with a –0.7% q/q contraction, significantly worse than our already bearish expectations of 0% growth. The weakness was incredibly broad-based, with only the agriculture and mining sectors expanding. Without growth in the primary sector, GDP would have contracted by a […]

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IMF Staff Completes 2017 Article IV Visit to South Africa

The staff of the International Monetary Fund (IMF) recently completed a visit to SA.  Here’s what they found. (more…)

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Prof Raymond Parsons

GDP figures ‘send a strong warning’

The latest weak growth figures send a strong warning about the economy, says North West University School of Business and Governance Economist, Professor Raymond Parsons. (more…)

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gdp

GDP: Worst of the growth cycle is now behind us

By Jason Muscat, FNB Senior Economic Analyst. 2016 GDP printed slightly below our 0.4% expectation, registering 0.3%. Growth in 4Q16 contracted –0.3% q/q saa, slightly less than we had anticipated. It was again the primary sector (agriculture and mining) that held the economy back. Agriculture shrank –7.8% for the year, while mining contracted –4.7%, shaving […]

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gdp

GDP growth slowed more than market expectations

South Africa’s third quarter GDP slowed more than the market expected.  This is according to the Nedbank Group Economic Unit. (more…)

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